Qatar's residential property market recorded 1,582 transactions worth approximately QR 6.2 billion (USD 1.7 billion) in Q1 2026, according to Knight Frank's latest Qatar Real Estate Market Review.
While transaction volumes rose 15% year-on-year, they fell 23% quarter-on-quarter from Q4 2025's 2,047 deals, with the regional conflict cited as a dampening influence on investor sentiment and buyer activity.
Doha led municipal activity with 512 transactions valued at QR 2.6 billion, followed by Al Rayyan with 280 deals worth QR 1.38 billion. Average villa prices declined 3.5% year-on-year to QR 6,626 per square metre, while apartment prices slipped 1.7% to QR 13,049 per square metre. Prime waterfront assets proved more resilient, with The Waterfront averaging QR 15,194 per square metre.
Mortgage volumes fell 12.4% year-on-year, though total mortgage value surged 85% to QR 17.2 billion, pointing to sustained financing activity at the higher end of the market.
Gulf Economist Staff Writer